slowdown

World Bank Says India to Face Severe Economic Slowdown cuts; GDP Growth Forecast to 6%

The World Bank has slashed India’s GDP growth forecast for the current fiscal to 6% from 7.5%. India’s economic slowdown…

5 years ago

Slowdown Blues: FMCG Sector to face Worst Slump in Revenue Growth in 15 years

India’s FMCG industry could witness its slowest growth in a decade and a half this financial year, Credit Suisse warns,…

5 years ago

As Automobile Industry Crisis Worsens; Ford Motors in talks to sell its One Billion Dollar Car Factory at Sanand in Gujarat

Ford Motor is in early talks to sell its $1-billion factory at Sanand in Gujarat, Mint reports, quoting unidentified sources.…

5 years ago

Amid India’s Massive Economic Slowdown; Indian Consumer Spending on E-Commerce Sites has fallen by 25 Percent in First Half of 2019

Consumer spending on e-commerce sites has fallen by a fifth in the first half of 2019, Economic Times reports, citing…

5 years ago

Spinning Industry Biggest Crisis Ever; 35 Percent of India’s Cotton Yarn Production Capacity has been Shut Down

About one-third of the production has been stopped and the mills which are running are also facing huge losses. If…

5 years ago

FMCG Industry Crisis as Rural India stops spending, affected by Massive Economic Slowdown

People in rural India are holding back on items such as clothes, hair oil and biscuits, Business Insider reports, citing…

5 years ago